Wheeling Sunday register. [volume] (Wheeling, W. Va.) 1882-1934, 1887-05-22

organized opposition, and that unless some
thing more effective is done, demands will
be made, which they cannot resist, and
they know that compliance Involves serious
consequences to their business.
THE WORKING MEN
themselves, declare that it is not their OBJ
iect to make unfair or extreme demands,
and that they are animatedin their present
course, by an honest and earnest desire to
secure only what is their Just due. In this
they will not be intimidated, or discouraged
by N organization OF by any amount of
locking out they say. The advance IN
prices. the advance in real estate, the in
crease in rents in many cases, the tendency
10 q speculative movement, andmany other
causes, which threaten TO increase the cost
o living, j~ustiies them, they say, IN taking
advantage of every opportunity to better
their present condition at least.
One of the most encouraging indications
at this writing is the increased traffic and
earnings of many OF the railway systems OF
the United States. The railroads are doing
remarkably well; the manufacturing in
terestS in all sections, have an abundance
of work, and there are no indications APP
parent at present OF aDy probable falling
Offin demand during the summer or tall.
The iron trade is ina very healthy con-
dition, although prices have dropped a lit
tie in some branches, the busiest mautac-
turers are those making steel rails and
bridge iron, the production of nearly 14O,-
900 tons of pig iron is not sufficient to
cause any accumulation of stocks at blast
furnaces. A great deal of inquiry is coming
in tor material for the summer and fall,
and the probabilities are that prices will be
firm throughout. Nails have dropped to
81 90 and 81 IL according to location oil
factory.
THE VOLUME OF MONEY
is maintained mt a high and healthy limit
the policy Of the treasury department; the
disbursements of the various railroad manu-
featuring and other dividend paying in
terests the willingness of foreign capital to
seek investment in America, and the
anxiety of private capital to engage in all
manner of reproductive enterprises, are
having a very marked influence. The
margin of profits is not increasing, yet the
average returns on Investments large, and
small, are satisfactory.
The dry goods manufacturers under
which should be included the manufac-
turers of all kinds of textile fabrics, have
not as vet found it necessary TO restrict
production, OF to engage in a struggle for
trade. Competition keeps prices low, and
retailers and iobbers are not as anxious to
buy far ahead, rs when capacity was not as
able to cope with the countries requlr-
ments.
The lumber trade is very active, and
prices are firm in western, eastern and
southern markets.
ILL ADVISED ACTION.
Henry ClewS & Co. Bankers at New
York have Just issued a circular which sug-
yests to employers and manufacturers
generally, that tine emigration Of British
and European labor, skilled and unsEllled,
should be encouraged to the largest possible
dimensions order to create a competition
among American laborerS, IN order that
the power Of the Knights of Labor and
Trades Unions and Considerations, should
be curbed. and ~ they hope, finally over
thrown. The circular is au i'll advised one,
rs it will only stimulate greater agitation
upon the part Of organized labor, and even
if the extraordinary immigration desired
was maintained, the result sought for,
namely the Breaking down of labor, could
not ne effected in that way.
The sOcialiStic labor party OF New York,
holds q convention on Saturday. The
Bakers Union in that city have fixed the
wages OF extra hands ut - ~ per day.
The silver smiths are about to form a
national organization. New York has a
national hall holiday law, which goes into
effect next week.
A number of new cooperative stores are
Ia he started in a few days. The Clncln-
natl Knights are to hold a grand picnic,
June 20. In the small towns %thrOugOut
the west, the Knights are electing a good
many Of their friends to office.
HUNDREDS OF NEW INDUSTRIAL ENTER
PEIsES,
of little and biz dimensions are spinging
ND. the companies run from $4,000 to
ST. 600. 600. An mcandeScent light COM
many is 10 be established in st. Louis, by
p~hiladelphians, with a million dollars
capital. FoundrieS and machine shOpsa are
springing up along the western railroads,
to supply railroad and manufacturing de-
maudS.
A greet deal of machinery is being built
for erection in the south. 1t comprises
machinery for cotton mills, blast furnaces,
mines, aud o great deal OF small machinery
for small manufacturing establishments.
| About ~ cotton mills will he erected IN
the southern states this season, or at least
| started. The prosperity throughout the
/ south is not general but confined To certain
| localities. Among the prosperous cities,
are Memphis, Nashville, Knoxville, Chat
\ tanooga. Birmingham, Sheffield, Admission,
I Rome, Atlanta, Augusta, Macon, and Mont
gomery.
THE BOOM IN REAL ESTATE
| throughout the west, is likely in the long
run to do more harm than GOOD. The I'M
ex pected suspension of coal mining in the
anthracite regions has surprised the 9O,OOU
workmen there who expected a ten per cen
advance. II is expected that the general
executive committee OF the Knights ol
Labor, will suspend the National carpet
workers assembly, which has over ten
thousand members, divided into sixteen
local assemblies.
Quite IA number Of new national organ
cations of labor will be formed during the
next three months.
The development Of the natural gas iield>
of Indiana, are attracting the attention d
hundreds of manufacturers, who Will re
move there, il land is not too high. The
Cleveland ship yards are overrun witt
orders. The ~SchuylkiN region has l2O col
~leries, the Lehigh region %, and the
Wyoming region 100, making in all 2S2
T~uE.BUILDING TRADES
in all cities east and west are crowded with
work that will continue until winter,
Material of all kinds is firm in price, and
not too high to discourage investments.
Railroad construction, so far this year,
has reached II, miles, it is only within
a week OF two past that earnest work has
begun. The business prospects OF TIT
country were never brighter and the album
dance of money will prevent any set back
,,lass an unNiSp speculative movement